Royalty Income Tracking Coordinator
Company: Wise Music
Industry: Music Publishing, Entertainment
Country: United States
Location: Santa Monica, California
About Wise Music
We are seeking to recruit an outstanding professional to join our Creative team in Santa Monica. Wise Music Group / G. Schirmer Inc. is a leading independent music publisher with offices in London, New York, Los Angeles, Berlin, Paris, Madrid, Tokyo, Copenhagen, Italy and Sydney.
Home to a vast catalog spanning both pop and classical music, Wise Music functions as a full-service music publisher and copyright administrator with a focus on promoting and exploiting their copyrights in the film, television, trailers and advertising world.
The Los Angeles office offers a one-stop shop for music professionals, providing everything from publishing services and music supervision to songwriting and production.
Job Overview
The Royalty Income Tracker will be responsible for monitoring and recording all royalty income streams, ensuring accurate and timely payments to rights holders, and providing financial reports and analyses to the management team and finance departments.
This role requires a detail-oriented individual who can work independently and as part of a team. The Royalty Income Tracker will work in an office setting and may be required to meet tight deadlines.
Responsibilities and Duties
- Monitor and track royalty income from various sources.
- Collaborate with legal and accounting teams to ensure compliance with contractual agreements.
- Reconcile royalty statements with internal records and resolve any discrepancies.
- Research both internal and external systems, check various income reports and make changes to the data as needed to ensure that income from our compositions flows correctly.
- Generate regular financial reports detailing royalty income and distributions.
- Assist in the development and improvement of royalty tracking systems and procedures.
- Provide support during financial audits related to royalty income.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field.
- Proven experience in royalty accounting or a similar financial tracking role.
- Strong analytical skills and attention to detail.
- Proficiency in financial software and Microsoft Office Suite.
- Excellent communication and interpersonal skills.
Preferred Skills:
- Knowledge of intellectual property law and rights management.
- Experience with royalty & tracking software platforms.
Compensation
Competitive salary and benefits package commensurate with experience. Salary range $65-85k.
This is an exempt salaried position. Full medical and dental benefits and 401(K) are offered. Wise Music/G. Schirmer Inc. is an equal-opportunity employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and existing employees without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, citizenship status, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, or any protected category prohibited by local, state or federal laws.